NACA in the News: New rule subjecting banks to class-action suits faces repeal by Republicans (The Morning Call)

Release Date: 
July 26, 2017
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The Morning Call, New rule subjecting banks to class-action suits faces repeal by Republicans "“Wells Fargo’s illicit acts of opening millions of accounts without customers’ consent would have come to light much earlier if consumers could go to court against the big bank,” said Christine Hines, legislative director of the National Association of Consumer Advocates. “By supporting repeal of the arbitration rule, some members of Congress are choosing Wells Fargo’s ability to cheat customers over the constitutional rights of their constituents.”"